PPP Loan information for Ace electrical contractors, inc.

$2,489,400

Ace electrical contractors, inc. was initially approved for PPP Loan of amount $2,489,400, the current approved amount is $2,489,400. The loan was approved on 04/03/2020 by The Flagship Bank Minnesota reported 104 jobs and $2,489,400 was used to fund payroll.

Ace electrical contractors, inc. is Existing or more than 2 years old

PPP Loan Search / MN / MINNEAPOLIS / Ace electrical contractors, inc.

ACE ELECTRICAL CONTRACTORS, INC.

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ACE ELECTRICAL CONTRACTORS, INC.

Borrower Address

8300 10th Avenue North

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55427-4421

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2489400.00

Current Approval Amount

2489400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38227

Servicing Lender Name

Flagship Bank Minnesota

Servicing Lender Address

1415 Wayzata Blvd East

Servicing Lender City

WAYZATA

Servicing Lender State

MN

Servicing Lender Zip

55391-1938

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINNEAPOLIS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55427-4421

CD

MN-05

Jobs Reported

104

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2489400.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38227

Originating Lender

Flagship Bank Minnesota

Originating Lender City

WAYZATA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2509588.01

Forgiveness Date

02/04/2021

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